Novel Electronic Designs, Inc.

$28,200 PPP Loan in Chillicothe, Illinois

Loan Details

Loan Number
9162487100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$28,200
Current Approval
$28,200
Forgiveness Amount
$28,485
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Novel Electronic Designs, Inc.
Address
143 N 3rd St
ZIP Code
61523-2156
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334419)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$28,200

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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